Dundee Corporation (OTCMKTS:DDEJF) Sees Significant Increase in Short Interest

Dundee Corporation (OTCMKTS:DDEJF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 94,180 shares, an increase of 1,427.4% from the August 31st total of 6,166 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 117,772 shares, the short-interest ratio is currently 0.8 days.

Dundee Stock Performance

Shares of Dundee stock traded down $0.07 during trading hours on Thursday, reaching $3.63. The company’s stock had a trading volume of 36,374 shares, compared to its average volume of 45,371. The company has a market capitalization of $326.58 million, a P/E ratio of 1.54 and a beta of 0.68. The stock’s fifty day simple moving average is $3.24 and its two-hundred day simple moving average is $2.98. Dundee has a one year low of $2.20 and a one year high of $4.09.

Dundee (OTCMKTS:DDEJF) last posted its earnings results on Tuesday, August 11th. The company reported ($0.22) EPS for the quarter. The business had revenue of $1.31 million for the quarter. Dundee had a return on equity of 59.09% and a net margin of 2,751.15%.

About Dundee

Dundee Corporation is a Canadian investment holding company that makes and manages long-term investments in businesses and assets, with a historical emphasis on natural resources, real estate and agriculture. Rather than operating as a traditional consumer or industrial company, Dundee provides shareholders with exposure to a diversified portfolio of investments.

The company has longstanding roots in Canada’s investment and mining sectors. Its activities have included investments in precious-metals exploration and production, resource development and other real assets, either directly or through affiliated companies and investment vehicles.